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Milton, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Milton, Iowa had a total population of 493, the 477th largest city in Iowa, with a median household income of $51,500, which is 31% lower than the state average. The poverty rate is 21.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Milton Quick Facts

Population 493
Median Household Income $51,500
Median Home Value $61,400
Poverty Rate 21.7%
Unemployment Rate 0.0%
Median Age 37.3 years
Homeownership Rate 86.6%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 7.2%
High School Graduation Rate 64.3%
Diversity Index 6/100
Population 493 477th of 1,017
Median Income $51,500 bottom 20%
Poverty Rate 21.7% 74% higher than national
Median Home Value $61,400 bottom 10%

How Milton Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population451493+9.3%
Median household income$41,875$51,500+23.0%
Median home value$54,400$61,400+12.9%

How Milton Compares

Economy & Housing

Household Income Distribution

Under $25K 18.6%
$25K-$50K 29.6%
$50K-$100K 27.9%
$100K+ 23.8%
Detailed income brackets
Under $10K
4.1%
$10K-$15K
4.7%
$15K-$20K
2.3%
$20K-$25K
7.6%
$25K-$30K
6.4%
$30K-$35K
8.1%
$35K-$40K
7.6%
$40K-$45K
1.7%
$45K-$50K
5.8%
$50K-$60K
7.6%
$60K-$75K
9.9%
$75K-$100K
10.5%
$100K-$125K
8.7%
$125K-$150K
4.1%
$150K-$200K
4.1%
$200K+
7.0%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 86.6%
Renter 13.4%
Affordability Index Very Affordable
1.2x home value to income ratio
Median gross rent $617/mo 14.4% of median household income annually

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Milton Rankings in Iowa

#477 Population of 1,017
#809 Median Income of 948
#872 Education of 1,016
#866 Home Value of 947

Other Cities in Van Buren County

CityPopulationMedian IncomePovertyHome Value
Keosauqua 914 $51,136 8.8% $98,500
Farmington 540 $53,333 16.3% $81,400
Birmingham 454 $65,000 13.1% $96,300
Cantril 335 $40,000 8.1% $80,000
Bonaparte 302 $40,909 16.6% $69,600
Douds 243 N/A 41.6% $96,700
Stockport 210 $53,125 22.4% $57,500
Leando 74 N/A 13.5% N/A
Mount Sterling 36 N/A 0.0% N/A

Cities Similar to Milton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Anthon514$51,250$101,40020.6%11.9%
Maynard471$55,583$132,10022.1%8.9%
Packwood539$51,500$80,00019.2%0.7%
Colesburg545$51,719$117,10013.4%4.4%
Farmington540$53,333$81,40010.4%16.3%

A note before these figures: with a population of 493, Milton's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Milton is a small community located in Iowa, within Van Buren County. The total population is 493. It ranks as the 477th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Milton is 37.3 years. This is 3% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Milton is $51,500. This is 31% lower than the state median of $75,059. It is also 36% lower than the national median of $80,734. The poverty rate stands at 21.7%. This is 96% higher than the state poverty rate of 11.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The survey records no unemployed residents in Milton, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $61,400. Housing costs are 70% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.2x, Milton is one of the most affordable housing markets in the area. 86.6% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 71.7%.

Race & Ethnicity

Milton has a predominantly White (non-Hispanic) population, comprising 97.2% of all residents. Hispanic or Latino residents account for 1.0%. The Hispanic or Latino population (1.0%) is well below the state average of 7.3%.

Education

7.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 64.3%.

Data Sources & Methodology

All demographic data for Milton, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Milton, Iowa?

Milton, Iowa has a population of 493 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milton, IA?

The median household income in Milton is $51,500, which is 36% lower than the national median of $80,734.

What is the poverty rate in Milton, IA?

The poverty rate in Milton is 21.7%. This means approximately 107 residents live below the federal poverty line.

What is the racial makeup of Milton, Iowa?

Milton's population is 97.2% White, 0.0% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Milton, IA?

The median home value in Milton is $61,400. The home-value-to-income ratio is 1.2x.

How educated is Milton, Iowa?

7.2% of adults (25+) in Milton hold a bachelor's degree or higher, and 1.7% hold a graduate or professional degree.